8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): January 10, 2025

MSC Income Fund, Inc.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (713) 350-6000

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02    Results of Operations and Financial Condition.

On January 10, 2025, the Registrant issued a press release. A copy of such press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Document

Exhibit 99.1

MSC Income Announces Fourth Quarter 2024 Private Loan Portfolio Activity

HOUSTON – January 10, 2025 – MSC Income Fund, Inc. (“MSC Income”) is pleased to announce the following recent activity in its private loan portfolio. During the fourth quarter of 2024, MSC Income originated new or increased commitments in its private loan portfolio of $29.1 million and funded total investments across its private loan portfolio with a cost basis totaling $29.5 million.

The following represent notable new private loan commitments and investments during the fourth quarter of 2024:

•$14.8 million in a first lien senior secured loan, $2.4 million in a first lien senior secured revolver, $2.4 million in a first lien senior secured delayed draw loan and $0.5 million in equity to a distributor of maintenance and repair parts for the industrial, manufacturing and automotive end markets; and

•$2.3 million in a first lien senior secured loan, $0.5 million in a first lien senior secured revolver and $0.7 million in a first lien senior secured delayed draw loan to a provider of janitorial services for the food distribution and grocery end markets.

As of December 31, 2024, MSC Income’s private loan portfolio included total investments at cost of approximately $697.5 million across 84 unique companies. The private loan portfolio, as a percentage of cost, included 93.9% invested in first lien debt investments and 6.1% invested in equity investments or other securities.

ABOUT MSC INCOME FUND, INC.

MSC Income (www.mscincomefund.com) is a principal investment firm that primarily provides debt capital to private companies owned by or in the process of being acquired by a private equity fund and also provides customized long-term debt and equity capital solutions to lower middle market companies. MSC Income’s portfolio investments are typically made to support leveraged buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. MSC Income seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. MSC Income seeks to partner with entrepreneurs, business owners and management teams and generally provides customized “one-stop” debt and equity financing solutions within its lower middle market investment strategy. MSC Income’s private loan portfolio companies generally have annual revenues between $25 million and $500 million. MSC Income’s lower middle market portfolio companies generally have annual revenues between $10 million and $150 million.

ABOUT MSC ADVISER I, LLC

MSC Adviser I, LLC is a wholly owned subsidiary of Main Street Capital Corporation (NYSE: MAIN) that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended. It currently manages investments for external parties, including MSC Income.